Ethereum ($ETH is showing serious bullish strength — despite a recent dip to $2,633, it’s up 50% over the past month! 🔥
Analysts at CryptoQuant are spotting signs of an explosive move:
📈 Bull Flag Formation spotted by Ibrahim Cosar — a classic breakout pattern signaling rising momentum
📊 ETH continues to hold above its 200-day EMA, a historic indicator of strong upward trends
💥 Target range? Cosar sees a surge to $3,000–$3,500 on the horizon!
Meanwhile, fellow analyst elcryptotavo notes a key bullish sign:
📉 Ethereum's Open Interest hasn’t yet passed Bitcoin's — a signal that there’s still room to run before any major top forms.
👀 All eyes are on ETH — will it be the altcoin that leads the next leg of the crypto bull run?
🚀 Buckle up — Ethereum may be ready to fly!
